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AMP have announced that loans that are secured solely by owner occupied properties will obtain owner occupied products and interest rates for all acceptable purposes. In addition Cash out/equity release is available up to 85% LVR.

Effective Monday, 23 October 2017 Suncorp will no longer accept investment home lending applications for apartments in specific post codes in the Brisbane CBD and metro area with an LVR > 80%. Suncorp's risk settings have been adjusted for these post codes based on recent weakness in the investment unit market in Brisbane, with evidence of a reduction in prices.

ANZ Secured Lending approval can support clients who have been trading for at least 1 full financial year, are looking for funds within 80% LVR of any commercial/industrial premises and up to 100% of any standard residential premises ( assuming no other consumer lending in place). The policy allows for provision of the last BAS – no more than 4 months old and evidence of payment of same as well as a clear ATO portal for all applicants and directors.

Investor lending and interest-only lending has been hit hard by regulation, data from AFG and ASIC reveal. AFG's latest Mortgage Index recorded a decline in investor lending to 29% of the market, an all-time low which AFG CEO David Bailey put down to "regulator-led tightening of investor lending". Compared to the same time last year AFG's volumes are flat, Bailey revealed.

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RFS is a financial services company, offering a breadth and depth of financial products, including Finance Broking and Credit related services, Risk Insurance, Financial Planning and Superannuation. At RFS, our team are ... read more